Illinois House Bill 4603: $IHDA-1ST GEN HOMEBUYER ASSIST

Illinois · 104th session

What it does

Appropriates $50,000,000 from the General Revenue Fund to the Illinois Housing Development Authority for the purpose of depositing into the First-Generation Homebuyer Down Payment Assistance Fund to provide down payments and closing costs assistance to eligible first-generation homebuyers, and other administrative expenses under the First-Generation Homebuyer Down Payment Assistance Program. Effective July 1, 2026.

Latest action

Referred to Rules Committee (2026-02-03)

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